BUX X vs Skilling

Stryk (Formerly BUX X) or Skilling – which is better for UK traders 2024? Compare Stryk (Formerly BUX X) and Skilling in this detailed breakdown of their platforms, features and fees.

Stryk (Formerly BUX X) vs Skilling Comparison Table 2024
Stryk (Formerly BUX X) Skilling
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2.4
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3.4
Stryk (Formerly BUX X) is ranked #91 among CFD brokers. Skilling is ranked #91 among CFD brokers.
Stryk (Formerly BUX X) has closed or no longer accepts UK clients.
Stryk is a user-focused CFD brokerage with a sleek mobile trading platform and social investing features.
Skilling has closed or no longer accepts UK clients.
Skilling is a multi-asset broker founded in 2016 and based in Cyprus. The brand offers hundreds of trading instruments with competitive spreads from 0.1 pips and beginner-friendly platforms. Skilling are also regulated in Europe and beyond with a transparent pricing structure. You can sign up and start trading in three easy steps.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pros
  • The app is designed to make trading an easy and enjoyable experience for novice investors
  • The broker is fully regulated by tier-one financial agencies providing a secure environment
  • Excellent social investing feature with trading competitions and community forums
  • Leverage is available to boost position sizes
  • Free demo account for new users
  • The Skilling Copy solution is accessible directly from the cTrader web terminal, making it easy for strategy providers to manage their portfolios
  • Excellent third-party charting platforms are available for serious traders, with dozens of technical indicators and advanced order types
  • Skilling continues to strengthen its investment offering recently introducing weekend forex trading on 7 currency pairs
  • The broker offers smooth account funding with a good range of payment methods with zero deposit fees
  • The broker has a solid global reputation and is regulated by top-tier authorities including the CySEC
  • The €100 deposit and zero commissions in the Standard account are accessible for beginners
Cons
  • Financing fees and inactivity fees can add up and prove costly
  • Customer support is lacking with weak live chat in particular
  • Stryk does not offer any trading education or analysis tools
  • The range of assets is limited vs alternatives
  • No MetaTrader integration
  • Skilling trails alternatives like IG when it comes to research tools that can help traders make informed decisions
  • You can only access shares in the Skilling Trader platform and fewer instruments are available overall in the MT4 accounts
Awards
  • Best Forex Trading Platform - Global Forex Awards 2022
FCA Regulated
Yes No
Instruments
CFDs, Forex, Stocks, ETFs Forex, CFDs, Stocks, Indices, Commodities and Cryptos
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Minimum Trade
$10 0.01 Lots
Regulator
FCA, CySEC CySEC
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
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5
Android App Rating
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4.2
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
Copy trading is available through Skilling Copy. 800+ strategies can be mirrored on the award-winning platform. Strategy providers can also use the service to generate an additional revenue stream.
Social Trading
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
£5 $0
Islamic Account
No Yes
Account Currencies
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • SEK
  • NOK
Commodities
  • Gold
  • Silver
  • Oil
  • Coffee
  • Sugar
  • Cotton
  • Corn
  • Cocoa
  • Wheat
  • Platinum
  • Palladium
  • Gasoline
  • Natural Gas
  • Aluminium
  • Copper
  • Soybeans
  • Nickel
  • Zinc
CFD
Styrk is a mobile CFD broker with a wide range of assets and an easy-to-use, accessible trading platform. Skilling offers 800+ CFDs covering stocks, indices, forex and commodities. The powerful charting platforms facilitate ultra-fast execution times of 0.05 seconds and seasoned algo traders can execute complex CFD strategies using cTrader's C# programming language.
Leverage
1:5 1:30 (Retail)
FTSE Spread
From 0.2% 22
GBPUSD Spread<
1.2 0.6
Oil Spread
From 0.25% 0.4
Stocks Spread
From 0.2% 1.0
Forex
Stryk supports forex trading in 36 major, minor and exotic currency pairs through its bespoke mobile trading platform. Skilling offers Standard and Premium accounts with competitive leverage and low spreads from 0.1 pips across a wide range of major, minor and exotic forex pairs. A huge selection of over 70 currency pairs are available, including 7 pairs that can be traded on the weekend.
Assets
36 70+
GBPUSD Spread
1.2 0.6
EURUSD Spread
0.7 0.4
EURGBP Spread
1.0 0.6
Stryk (Formerly BUX X) Skilling
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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